Advanced Financial Reporting under SOCPA - Virtual Learning
This advanced professional training course is designed to equip finance and accounting professionals with in-depth knowledge and practical skills in financial reporting under SOCPA, with a strong focus on real-world applications in the Saudi market.
The Advanced Financial Reporting under SOCPA training course bridges the gap between IFRS requirements as adopted in Saudi Arabia and SOCPA professional guidance, enabling participants to prepare, analyze, and review financial statements that meet regulatory, audit, and governance expectations in Saudi entities.
The Gulf Rowad Advanced Financial Reporting under SOCPA training course emphasizes practical implementation, professional judgment, and compliance, supported by Saudi-based case studies, numerical examples, and applied workshops.
5 Days
1620 Sessions
Starting from USD 2,000
Available Face to Face
Course Methodology
The Advanced Financial Reporting under SOCPA training course adopts a professional, application-driven training methodology, including:
- Interactive and participatory sessions
- Saudi market–based case studies
- Advanced numerical examples and calculations
- Group workshops and applied exercises
- Guided professional discussions
- Financial statement analysis and review exercises
Course Objectives
By the end of this Advanced Financial Reporting under SOCPA training course, participants will be able to:
- Understand the SOCPA financial reporting framework and its relationship with IFRS
- Apply advanced IFRS requirements as adopted in Saudi Arabia
- Prepare high-quality financial statements compliant with SOCPA expectations
- Exercise professional judgment in complex reporting areas
- Assess the financial reporting impact of transactions specific to Saudi entities
- Prepare meaningful disclosures aligned with regulatory and audit requirements
- Enhance readiness for external audit, regulatory review, and compliance inspections
Target Audience
This Gulf Rowad Advanced Financial Reporting under SOCPA training course is designed for:
- Finance Managers and Financial Controllers
- Chief Financial Officers (CFOs)
- Professional Accountants and CPAs
- Financial Reporting and Consolidation Teams
- Internal and External Auditors
- Compliance and Governance Professionals
- Professionals working in SOCPA-regulated entities
Target Competencies
Organisational Impact
- Improved quality and reliability of financial reports
- Stronger compliance with SOCPA and regulatory requirements
- Reduced audit findings and reporting deficiencies
- Enhanced transparency and corporate governance
- Improved management decision-making based on reliable financial data
Personal Impact
- Enhanced technical expertise in SOCPA-based financial reporting
- Improved ability to handle complex accounting issues
- Strengthened professional judgment and decision-making
- Increased confidence in financial statement preparation and review
- Better preparedness for audits and regulatory scrutiny
Course Outline
Day 1
Financial Reporting Framework according to SOCPA and the Saudi Regulatory Environment
- Overview of SOCPA and its role in regulating financial reporting.
- Adoption of IFRS in the Kingdom of Saudi Arabia.
- Professional directives and interpretations issued by SOCPA.
- Presentation of financial statements according to IAS 1 as adopted in Saudi Arabia.
- Materiality, professional judgment, and the quality of disclosure.
- Structure and content of the notes to the financial statements.
- Workshop: Professional review of published financial statements of Saudi companies.
Day 2
Accounting Policies, Estimates, and Professional Judgment
- Preparation and documentation of accounting policies.
- Changes in accounting policies and estimates (IAS 8).
- The use of estimates and assumptions in financial reporting.
- Aligning accounting policies with the entity's strategy.
- Revenue Recognition (IFRS 15) – Saudi applications according to SOCPA.
- The impact of professional judgments on financial statements and disclosures.
Day 3
Advanced Presentation and Disclosure in Financial Statements
- Key practical challenges for financial reporting in Saudi institutions.
- Accounting for property, plant, and equipment and its annexes according to SOCPA requirements.
- Impairment of Assets (IAS 36).§ Lease accounting (IFRS 16) – Practical application issues in Saudi institutions.
- Common disclosure deficiencies in the Saudi market.
- Comparative information and restatement.
- Applied case study.
Day 4
Complex Accounting Treatments in the Saudi Market
- Financial Instruments – Classification and measurement according to SOCPA requirements.
- Financial Instruments – Presentation and disclosure according to SOCPA requirements.
- Provisions and Contingent Liabilities (IAS 37).
- SOCPA requirements related to transparency and going concern.
- Applied case study: Special accounting treatments for specific sectors in the Kingdom.
Day 5
Audit Readiness, Compliance, and Best Practices
- Common findings from auditors in the Saudi market.
- Professionally handling auditors' inquiries.
- The role of internal audit in improving the quality of financial reporting.
- The role of financial management in supporting governance.
- Governance of financial reporting and professional responsibility.
- Concluding workshop: Comprehensive review of a Saudi institution's financial statements according to SOCPA requirements.
2026 Schedule & Fees
Course Fees Starting From
USD
2,000
| Date | City | Language | Price | Action |
|---|---|---|---|---|
| 28 Jun - 02 Jul, 2026 | Online | English | USD 2,000 | Book |
| 28 Jun - 02 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | English | USD 2,000 | Book |
| 05 Jul - 09 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 12 Jul - 16 Jul, 2026 | Online | English | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 19 Jul - 23 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | English | USD 2,000 | Book |
| 26 Jul - 30 Jul, 2026 | Online | Arabic | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | English | USD 2,000 | Book |
| 02 Aug - 06 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 09 Aug - 13 Aug, 2026 | Online | English | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 16 Aug - 20 Aug, 2026 | Online | English | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | Arabic | USD 2,000 | Book |
| 23 Aug - 27 Aug, 2026 | Online | English | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 30 Aug - 03 Sep, 2026 | Online | English | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Sep - 10 Sep, 2026 | Online | English | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Sep - 17 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | English | USD 2,000 | Book |
| 20 Sep - 24 Sep, 2026 | Online | Arabic | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | English | USD 2,000 | Book |
| 27 Sep - 01 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | English | USD 2,000 | Book |
| 04 Oct - 08 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | English | USD 2,000 | Book |
| 11 Oct - 15 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 18 Oct - 22 Oct, 2026 | Online | English | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | Arabic | USD 2,000 | Book |
| 25 Oct - 29 Oct, 2026 | Online | English | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 01 Nov - 05 Nov, 2026 | Online | English | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 08 Nov - 12 Nov, 2026 | Online | English | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 15 Nov - 19 Nov, 2026 | Online | English | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | Arabic | USD 2,000 | Book |
| 22 Nov - 26 Nov, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | English | USD 2,000 | Book |
| 29 Nov - 03 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | English | USD 2,000 | Book |
| 06 Dec - 10 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 13 Dec - 17 Dec, 2026 | Online | English | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
| 20 Dec - 24 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | English | USD 2,000 | Book |
| 27 Dec - 31 Dec, 2026 | Online | Arabic | USD 2,000 | Book |
Face to Face Courses
Face to Face
Advanced Financial Reporting under SOCPA
5 Days
1566 Sessions
Finance Budgeting
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